Key Points:
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No Involvement in $LIBRA
Jupiter did not deploy, market-make, or provide liquidity for the LIBRA token.
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Verified Only After Growth
LIBRA was only verified after surpassing $1.5B market cap to help users avoid scams.
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Moonshot Never Listed LIBRA
The token was never officially listed on Moonshot only trended due to trading volume.
In recent days, speculation and misinformation have spread regarding Jupiter’s involvement in the LIBRA token. To set the record straight, Jupiter team member Kash Dhanda has made it clear: Jupiter had no role in LIBRA’s issuance, deployment, or liquidity provision.
lot of FUD going around right now. but here's the truth:
— Kash Dhanda (🐱, 🐐) (@kashdhanda) February 15, 2025
the Jupiter team was not involved in the $Libra token launch. we didn't do the deployment, the market making, or participate in the launch.
we also did NOT pre-verify the token. we only verified it after it had crossed…
Breaking Down the Facts
Jupiter Did Not Launch LIBRA
- The team was not involved in LIBRA’s creation, market-making, or liquidity provision.
- No official backing or support was provided for the token at any stage.
Verification Came After Market Cap Growth
- LIBRA was not pre-verified by Jupiter. Verification occurred only after the token surpassed $1.5 billion in market cap.
- The reason for verification? To help users distinguish the real token from the growing number of counterfeit copies.
Moonshot Never Listed LIBRA
- Some FUD suggested that Moonshot, a decentralized exchange (DEX), listed LIBRA.
- In reality, it was never officially listed it only trended due to volume.
- A warning label was always present to caution users.
Jupiter’s Commitment to Transparency
Jupiter has built a reputation for being one of the most open and community-driven projects in crypto:
✅ Token Transparency Audit: Publicly tracks all token movements since genesis.
✅ Strict List Initiative: Helps users avoid scam tokens and imposter projects.
✅ Active DAO & Community Engagement: Weekly calls to discuss updates and take user questions.
The Bigger Picture
FUD and misinformation can easily cloud judgment, especially in a fast-moving space like crypto. However, the facts remain unchanged Jupiter continues to operate with transparency and integrity, ensuring that the Solana ecosystem remains secure, informed, and user-friendly.
As Dhanda put it: “We love Solana, and we love on-chain traders. We are on the same team here.”
